It is definitely premature, and this where a little seasoned leadership could swing the victory, I really hope they dont fold a strong hand.
@joey Thank you for taking the time to respond. I am sure you’re extremely busy. Lots more to say (mostly positive long term sentiment re: FEI/TRIBE) but your time is precious & I want to respect it. Best of luck in all your travails!
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1# dollar refund. If you aim to be a stablecoin, act like one.
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Agree. what this project needs desperately is leadership and vision, as well as the courage to stick with it. We’ll see what Joey and Sebastian are made of over the next few weeks. This is primetime.
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I think this is a good compromise anyone exiting now should not have governance power. However, as bent says it doesn’t appear practical, unless you make it only available to genesis participants? Which I think is probably fair as everyone else purchased fee bellow peg anyway and it would create a large arbitrage opportunity.
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NO CHANGE!
We invested in this protocol, because we like it’s design.
APES, and IDIOTS who invested thinking that stablecoin will “moon” and sold when they realized it’s a stablecoin should be shaken out through not letting-in on their intimidation.
We should not weaken the reserve because of stupidity of some. People who are selling FEI now are selling at a loss. The bonus given to buy fei at this price is good enough. Re-activate bonuses. Let’s have the nature of supply and demand (burn/bonus) take care of it with time. This will provide the ultimate stability and power to the protocol.
My vote: NO CHANGE.
You invested in this.
Let apes boil a bit. Not any institutional money will dump fei at this price. Not any smart money will dump. They will be slowly buying with bonus incentives. Nobody selling at this price is in profit. Those are apes. Let them ape their banana without us bailing them out.
No to bailouts. No to change. Apes are responsible for their own actions. I vote for protocol to remain strong and true to its structure.
Cheers!
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Agreed. Team, you should run the tests instead of considering bailouts for the apes.
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100% agree with this, as the biggest launch in DeFi, Fei Protocol should lead by example to sticking to their principles by not giving in to such apes who couldn’t give 2 monkeys about the project (no puns intended).
I am fed up of clowns and degenerates throwing money at such projects with a view of only profiting rather than actually supporting the project…
There was ALWAYS a risk with this project and it was made clear prior to investing, there was much more supply than initially anticipated however this is the nature of crypto and DeFi launches, if there was zero risk then everyone would win which is IMPOSSIBLE!
The best scenario going forward here is to teach the apes a lesson and at least make them wait to regain the value of their FEI before exiting rather than giving them the easy option. Bear in mind all TRIBE holders are in a worse position - it’s like longing BTC x125 leverage, getting liquidated then phoning your bank for a refund, they will tell you to f**k right off.
Do whats right guys, vote NO CHANGE!
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No change means enabling reweighting, which will drain PCV to bring FEI back to $1.00, just slower than Option 1. “No change” is literally the WORST choice to vote for.
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NO CHANGE is the best option overall… why should the apes and early sellers be rewarded for dumping? Let apes be apes and be responsible for their own actions … they caused this mess and should not be rewarded at all.
Protect your investment. Vote NO CHANGE
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NO CHANGE is the best option!
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As the biggest launch in DeFi, Fei Protocol should lead by example to sticking to their principles by not giving in to such apes who couldn’t give 2 monkeys about the project (no puns intended).
I am fed up of clowns and degenerates throwing money at such projects with a view of only profiting rather than actually supporting the project…
There was ALWAYS a risk with this project and it was made clear prior to investing, there was much more supply than initially anticipated however this is the nature of crypto and DeFi launches, if there was zero risk then everyone would win which is IMPOSSIBLE!
The best scenario going forward here is to teach the apes a lesson and at least make them wait to regain the value of their FEI before exiting rather than giving them the easy option. Bear in mind all TRIBE holders are in a worse position - it’s like longing BTC x125 leverage, getting liquidated then phoning your bank for a refund, they will tell you to f**k right off.
Do whats right guys, vote NO CHANGE!
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Will do nothing but provide a profit for the apes that sold and caused the dump. Why should someone who bought low be rewarded with a higher buy back price? Makes no sense.
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We should to stick to the core principles of FEI, continue on our path. Do what is best for FEI and our community, not for some people who are only looking for quick profits. So NO CHANGE
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I agree. NO CHANGE is the best option.
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And to be fair, this voting should have only been from those who participated in Genesis and not someone that just bought looking to increase their profit on FEI by buying cheap, looking for an easy 15% … total B.S. if you ask me
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All the more reason to vote for NO CHANGE!
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We should stick to the core principles of FEI, continue on our path. Do what is best for FEI and our community, not for some people who are only looking for quick profits. So NO CHANGE
It looks like the same person is creating multiple accounts and spamming “no change”. All the recent posts are from accounts that were made 30-60 minutes ago.
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Random investors: “NO CHANGE IS BEST DONT HELP THESE APES”
Team members, spending all of their time on this project: “We hope $1.00 redemption wins”
If you have faith in this project and team long-term, I’d think you’d vote with them. It’s early, and it’s best to follow their lead until the project reaches a sufficient level of traction/decentralization
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